T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Cor won formal approval from the Federal Communications Commission on Wednesday in a vote split along party lines, two sources told Reuters.
Chairman Ajit Pai and two Republican commissioners voted to approve the deal while two Democratic commissioners voted against it, the sources said.
The U.S. Justice Department approved the deal in July.
Under the Justice Department deal, the companies would divest Sprint’s prepaid businesses, including Boost Mobile, to satellite television company Dish Network Corp, and provide it with access to 20,000 cell sites and hundreds of retail locations. That deal is worth about $5 billion.
MacDailyNews Take: As we wrote in July:
“Dish Network could make Sprint look even more like a meek little lamb and be a far more formidable competitor, which is great news for U.S. cellular customers who stand to benefit from increased competition among carriers!”
Just switched to T-Mobile.. the LTE is faster and now I have unlimited data. If you bring your own device then T-Mobile is the company to go to.. unless you pay for them to give you a new iPhone every year.. then your and idiot..
Tricky to throw around the word ‘idiot’ when one apparently doesn’t know the difference between your and you’re. Just saying.
I was with you until you called people idiots. You idjit.
Okay, me, what do I know? That’d be not much. But it seems to me that merger would be better for us, the normal consumer. I’ve used every company, even straight talk. T-Mobile has been the best for my use. Especially since I travel overseas often. You’re right, I like your new iPhone (please know the difference).